So, you’ve been leasing a Land Rover and your contract is coming to an end. You’re bound to have more than a few questions on your mind. Our guide to Land Rover lease returns can help you prepare your vehicle for its return, learn about your options, or even answer questions like, “What is a lease buyout?” By the time you drive into our Land Rover lease return center in Englewood, NJ, you’ll be well-prepared for whatever comes next.
If you’re almost through with your current Land Rover lease, you’ll have four basic options for how to proceed:
Now, let’s take a closer look at your Land Rover lease-end options to find out what each entails.
If you’re planning to turn in your current vehicle, review the brand’s end-of-lease checklist carefully. Here’s what you’ll need to keep in mind:
All this must take place whether you are or are not planning to lease a new Land Rover vehicle. Here’s how your next steps may differ:
Are you interested in extending your lease? A one-time, six-month extension may be available to qualifying Fort Lee and New York City drivers who have stayed up-to-date on their payments. Make a request through the Secure Message Center on Chase.com, or contact our financing team for more details.
Maybe you’ve fallen in love with your current Land Rover vehicle. Perhaps your lease-end inspection has revealed a great deal of excess wear and tear, and you’re hoping to avoid significant charges. Either way, buying out your vehicle may be the best option available! Here’s how a lease buyout works in either circumstance:
Purchasing a leased Land Rover is generally easy and straightforward. As long as you understand the lease buyout definition, there shouldn’t be any surprises:
Early car lease buyouts usually require termination fees, so this option is only really a good idea if you need to avoid even more significant charges for excess wear and tear. The price of this option is determined by the amount of value left on the leasing contract and the agreed-upon lease-end buyout price in your contract, along with any remaining fees.
Our financing team is here to assist with whatever your next steps entail! Whether you need to apply for financing or choose the perfect vehicle for your needs, we’re ready to help you get back on the Jersey City roads in no time.
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